There appears to be some value.

“1954 Willys flatbed truck. The truck is all together and is ready to be finished. 327 chev. V8, 3 speed willys transmission. 2 extra rear ends, and all necessary parts to finish my project truck. Health, and lack of time forces the sale of this truck. A steel at the asking price of $1,500 however best cash offer takes. Want this truck gone this week if possible. 503 281-9628”

http://portland.craigslist.org/mlt/cto/2154367861.html

This looks pretty good for the price.

“BOUGHT THIS FOR A PROJECT 15 YEARS AGO, LOST SHOP. HAS A FROZEN CHEVY 283 MOTOR HOOKED UP TO THE ORIGINAL DRIVETRAIN. HAS SOME SURFACE RUST BUT THE BODY IS SOLID. GOOD TITLE. COMES WITH A TOW BAR AND IS READY TO ROLL. 503-314-6622”

http://portland.craigslist.org/mlt/cto/2149750018.html

UPDATE:  Price dropped to $500

(12/05/2010) Here’s a cheap plow vehicle.

“has the orginal flat head super hurrican engine with the generator setup all orginal under hood has a 7 1/2 foot fisher plow with the orginal fisher pump works great 4×4 runs drives call for more info… 207-382-3059”

http://maine.craigslist.org/cto/2138753379.html

This might make a good project.

“Willys 4 wheel drive truck project. Chassis in excellent condition and body is in good condition for the year.Have flathead 6 motor.The truck came from California so no rust to speak of. Need to see it and then make fair offer.”

http://tulsa.craigslist.org/cto/2136524844.html

Here’s a modified truck that looks pretty good.

“1948 Willys pickup built on a 1985 Ford Bronco II. Ford 2.8 liter V6 with power brakes and power steering. 4WD, 4 speed manual, sun roof. Since earlier listing have had frame welded and replaced bucket seats with a bench seat, making it much more comfortable for taller drivers. Recently had engine tuned up, new starter and fuel pump. Less than 1700 miles on front brakes. Starts and runs well. Single owner, clear title. Actual mileage unknown.

This would is a good hobby truck that technically doesn’t need anything, but could stand some improvements here and there as time and money allow. Paint is fair, with a few points flaking off, especially on the roof. Tires are fair and not in need of immediate replacement, but a new set of larger wheels would look better. Previous owner created wood tailgate, but the original Willys tailgate is available – it is solid but needs work. The wood pickup bed could be replaced. The radio is old and should be replaced along with new speakers. Carpet is OK but eventually could be replaced, with floor / firewall insulation added. Doors could be better aligned and have weatherstripping replaced.

The truck has vintage, rugged Willys looks but with more modern amenities. I am only selling because I bought another ’48 Willys truck. No trades.”

http://lansing.craigslist.org/cto/2126897859.html